[co-author: John Ropiequet]
The fair lending cases filed by Miami against four major mortgage lenders, reported in several previous Annual Surveys, came to a sudden, anticlimactic end when the city voluntarily dismissed...more
4/28/2021
/ Consumer Financial Protection Bureau (CFPB) ,
Department of Justice (DOJ) ,
Disparate Impact ,
Disparate Treatment ,
ECOA ,
Fair Housing Act (FHA) ,
Fair Lending ,
HUD ,
Mortgage Lenders ,
Mortgages ,
Proximate Cause ,
Wells Fargo
[co-author: John L. Ropiequet]
The fair lending cases filed by Miami against large mortgage lenders in 2013, in which the city sought to recover lost property tax revenues and increased municipal expenses allegedly caused...more
6/3/2020
/ Amended Complaints ,
Banks ,
Consumer Financial Products ,
Department of Justice (DOJ) ,
Fair Housing Act (FHA) ,
Fair Lending ,
Financial Services Industry ,
HUD ,
Miami ,
Mortgage Lenders ,
Mortgages ,
National Origin Discrimination ,
Race Discrimination ,
Settlement Agreements ,
Wells Fargo
The past year saw the lower courts wrestle with the aftermath of the U.S. Supreme Court’s decision in Bank of America Corp. v. City of Miami that, like the Court’s previous ruling in Texas Department of Community Affairs v....more
6/18/2019
/ Bank of America v Miami ,
Banks ,
Burden of Proof ,
Causation ,
Discovery ,
Disparate Impact ,
Disparate Treatment ,
Enforcement Actions ,
Expert Testimony ,
Fair Housing Act (FHA) ,
Fair Lending ,
Fannie Mae ,
Foreclosure ,
HUD ,
Mortgage Lenders ,
Motion to Dismiss ,
Municipalities ,
Pleading Standards ,
Property Tax ,
Property Valuation ,
Proximate Cause ,
Public Comment ,
Remand ,
Texas Dept of Housing v Inclusive Communities